iShares Large Cap 10% Target Buffer Mar ETF (TENM) Price & Chart
TENM ETF Chart & Stats
- Day’s Range
- $27.77 - $27.77
- 52-Week Range
- $24.68 - $28.01
- Previous Close
- $27.99
- Volume
- 112
- Average Volume (3M)
- 1,139
- AUM
- 47.05M
- NAV
- 27.78
- Expense Ratio
- 0.50%
- Holdings Count
- 2
- Beta
- 0.44
- Inception Date
- Oct 21, 2025
- Last Dividend Ex-Date
- Dec 23, 2025
- Dividend Yield
- (2.97%)
- Shares Outstanding
- 1,680,000
- Standard Deviation
- N/A
ETF Overview
iShares Large Cap 10% Target Buffer Mar ETF
The iShares Large Cap 10% Target Buffer Mar ETF (TENM) is a distinctive investment vehicle designed to offer investors a strategic approach to large-cap equity exposure, focusing on mitigating downside risk while capturing potential upside gains. Positioned within the Size and Style category, TENM is tailored for those seeking a broad-based niche investment strategy centered on large-cap equities. This ETF aims to mirror the price return of the iShares Core S&P 500 ETF (IVV) but with a unique twist: it incorporates a 10% downside buffer over a one-year period, effectively providing a hedge against market downturns. TENM achieves its investment objective by actively managing a portfolio that includes shares and options of the IVV. By doing so, the fund endeavors to cap potential losses at 10% annually, offering investors a level of protection against significant market declines. At the same time, it allows for participation in the growth potential of the S&P 500, up to a predefined cap. This makes TENM an appealing option for investors who are cautious about volatility yet wish to maintain exposure to the large-cap segment of the U.S. equity market. Ideal for those seeking a balanced risk-return profile, TENM represents an innovative choice within the ETF landscape, blending traditional equity investment with risk management strategies to enhance portfolio resilience.